TheContrarian

TheContrarian | Joined since 2016-04-28

Investing Experience Advanced
Risk Profile Moderate

I buy when the majority are selling, I watch when the majority are buying, I sell when the majority are getting excited!

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User Comments
Stock

2024-08-18 18:06 | Report Abuse

One cannot make money from the stock market by blinding following books or following Warren Buffett. Every stock is unique. If you take Insas' case everyone agrees it's one of the most, if not the most, undervalued stock in Bursa Malaysia. If you can understand (and accept) the reason behind it then you can make most from it.

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2024-08-18 18:01 | Report Abuse

Posted by Sslee > 2 hours ago | Report Abuse

2. HSBC NOMINEES (ASING) SDN BHD 36,953,650 5.26
Exempt An For Credit Suisse (SG BR-TST-Asing)
3. CITIGROUP NOMINEES (ASING) SDN BHD 35,962,967 5.12
Exempt An For OCBC Securities Private Limited (Client A/C-NR)

Are second and third substantial shareholders agreed to such deal?

Usually shareholders who hide behind foreign nominees are parties friendly to the controlling shareholders.

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2024-08-18 17:54 | Report Abuse

@Johnzhang, Mr Sslee has answered it very well.

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2024-08-18 15:40 | Report Abuse

@MrSslee, yes it's possible. Happens often. This is because controlling shareholders usually have friendly parties owning substantial amounts.

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2024-08-18 14:31 | Report Abuse

When you buy shares of a public listed company you are not buying a share of the business. You are merely investing your money.

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2024-08-17 19:34 | Report Abuse

I do that too when overall stock market is boring and have spare cash but never have to cut loss.

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2024-08-16 13:10 | Report Abuse

@MrSslee, a cat is going around repeating boh chow see.

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2024-08-15 15:22 | Report Abuse

Leno bought Insas-WC at 41 sen?!? 😱😱😱

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2024-08-15 15:21 | Report Abuse

WTF 2021 YTD and a Buy Call on Insas-WC

leno
Publish date: Sat, 27 Nov 2021, 11:15 AM
WTF 2021 Portfolio



YTD (up to 27 Nov) is a whopping 71.9%

This is based on closing price of Insas RM 1.03 and WC 42 sen



Meaning if my portfolio was

RM 465 K early this year

now it is worth RM 800 K



My Current Call to My-Self

is to BUY BIG on Insas-WC



My Last buy was yesterday 26 nov

Which I collected "a bit" at 41 sen

by swapping-off "a bit" of my Insas at RM 1.03



This is based on my calculation.

What calculation ? Don't ask.

If ask also I won't answer.

Hahahaha ..

As usual, nothing beats learning from a REAL life lesson.

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2024-08-15 12:56 | Report Abuse

@speakup, don't ask dumb question.

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2024-08-15 11:18 | Report Abuse

If you check the sell queue there are a lot of sellers.

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2024-08-14 22:59 | Report Abuse

EGM to be held on 6th September.

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2024-08-14 12:58 | Report Abuse

Posted by leno > 2024-02-26 09:16 | Report Abuse

Insas 1.18
WC 0.38

1 week after expire
WC 0.38 will become mother 1.18 automatically
= 210.5 % profit in 2 years !!

INSAS RM 60 RINGGIT is KAMBENGGGGGGGG AAAAAAAAAAAAAAA !!

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2024-08-13 17:35 | Report Abuse

Posted by TheContrarian > 1 week ago | Report Abuse

Ended the day picking 9 cherries 🍒🍒🍒🍒🍒🍒🍒🍒🍒

Have sold 2 cherries 🍒🍒 🤑🤑

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2024-08-13 14:07 | Report Abuse

Ah Thong also knows that. In 2017 Inari declared a bonus issue of 1 for 1, then 15 months later declared another bonus issue of 1 for 2. Inari share price flew. But Ah Thong wouldn't declare bonus issue for Insas because ....... we know the reason lah.

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2024-08-13 14:01 | Report Abuse

When a company declares a 3 for 4 bonus issue it means they want to push up the share price. Happens all the time.

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2024-08-13 13:35 | Report Abuse

I already mentioned the 3 for 4 bonus issue. How many stocks able to declare 3 for 4? If Insas declares 3 for 4 bonus issue, Insas will fly to RM2.

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2024-08-13 12:56 | Report Abuse

Leno stuck in Insas 15 years 6 months already. 🤣🤣🤣

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2024-08-13 00:29 | Report Abuse

You can check Engtex forum when I bought, how much I bought, when I sold, how much I sold. Engtex was an easy sure winner, bonus issue 3 for 4.

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2024-08-12 23:20 | Report Abuse

Leno sampan sunk in transit to Australia, now marooned in an unhabited island with no internet.

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2024-08-12 20:35 | Report Abuse

I hope you guys made lots of money in Engtex and Engtex-WB like I did.

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2024-08-12 17:11 | Report Abuse

Took some profits at 2.66.

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2024-08-12 13:29 | Report Abuse

After ex-bonus did Engtex hit 86 sen? 80 sen?

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2024-08-12 12:39 | Report Abuse

Insas at RM2 is realistic once Thong crosses 50%. The moment Thong announces MGO everyone should start buying.

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2024-08-12 09:46 | Report Abuse

60 sen kambing ?

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2024-08-11 23:43 | Report Abuse

Buying Insas-WC at 0.417 is the dumbest move. 🤣🤣🤣

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2024-08-11 19:10 | Report Abuse

We need to wait patiently until Ah Thong makes his move to cross 50%. After that Insas will fly for sure.

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2024-08-10 22:21 | Report Abuse

@speakup, don't ask dumb question.

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2024-08-10 19:11 | Report Abuse

Breaking news : Ah Tong has finally sold off all his Insas shares at RM1.02. He continues to hold Insas-WC which he bought at 0.417. Way back in January when Insas was RM1.20, Ah Tong said Insas was trading at a 73% discount. Cannot trust such people.

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2024-08-09 11:27 | Report Abuse

Tak ada orang lain ikut pun.

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2024-08-07 21:33 | Report Abuse

We make our own luck.

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2024-08-07 00:26 | Report Abuse

@MrSslee, there are still plenty of bargains.

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2024-08-06 12:47 | Report Abuse

Bought this morning at 87.5 sen.

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2024-08-06 12:45 | Report Abuse

Bought back at 0.69.

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2024-08-05 23:16 | Report Abuse

There's bloodbath everywhere but strangely not here.

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2024-08-05 18:18 | Report Abuse

Insas closes below satu ringgit for the first time since ....... since when, ah?

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2024-08-05 17:36 | Report Abuse

Bought at 67 sen.

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2024-08-05 17:27 | Report Abuse

Ended the day picking 9 cherries 🍒🍒🍒🍒🍒🍒🍒🍒🍒

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2024-08-05 17:20 | Report Abuse

Bought at 31 sen.

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2024-08-05 17:19 | Report Abuse

Bought at 97 sen.

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2024-08-05 17:18 | Report Abuse

Bought at 78 sen.

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2024-08-05 16:10 | Report Abuse

Brought more at 0.375.

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2024-08-05 15:30 | Report Abuse

Insas 98 sen! 😱

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2024-08-05 12:54 | Report Abuse

Bought more at 0.41.

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2024-08-05 12:53 | Report Abuse

Picked 5 cherries 🍒🍒🍒🍒🍒 today.

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2024-08-05 09:18 | Report Abuse

Cherry picking day.